Question

pass journal entries

please type the answer do not write in on paper.

Date		Amount (in RO)
2019
Jan 1	Opening Balances : Buildings A/C	30,000
	Furniture A/C	15,000
	Cash A/C	35,000
	Bank A/C	17,500
	Al Khalid Product Company A/C ( Dr. Balance)	9,000
	Bank overdraft	12,500
	Capital A/C	?
Jan 2	Brought additional capital into the business	40,000
Jan 31	Deposited into bank	10,000
Feb 1	Purchased goods and paid by cheque	4,000
Feb 2	Purchased goods from Barka Industrial Company and got 5% trade discount	12,000
Mar 1	Cash Sales	10,000
Mar 2	Goods returned to Barka Industrial Company	1,000
Mar 31	Purchased Equipment from Al Qurm Engineering Company	15,000
Apr 1	Withdrew from bank for office use	3,000
Apr 2	Sold goods to Ruwi Industries	15,000
May 1	Paid Wages and Salaries	3,000
May 2	Goods returned by Ruwi Industries	1,500
May 31	Paid carriage inwards	1,500
June 1	Received Commission	2,000
June 2	Received from Ruwi Industries	8,000
July 1	Paid to Barka Industrial Company	5,000
July 2	Received from Al Khalid Product Company in full settlement	8,700
July 31	Paid to Barka Industrial Company in full settlement	5,200
Aug 1	Goods Distributed as free samples	5,000
Aug 2	Received a cheque from Ruwi Industries in full settlement	5,000
Aug 31	Goods taken by proprietor for personal use	2,000
Sep 1	Paid Telephone charges by cheque	200
Sep 2	Paid Rent	1,000
Oct 1	Paid for Fuel and Power	500
Oct 31	Purchased goods and paid by cheque	9,500
Oct 31	Purchased goods from Muscat Chemical Industries	15,500
Oct 31	Cash Sales	25,000
Oct 31	Sold goods to Al Naba Services	25,000
Oct 31	Purchased goods from Raya Industries Company	8,000
Nov 1	Cash withdrawn from bank by proprietor for personal use	1,500
Nov 1	Sold Machinery worth RO. 3250 for RO. 3000
Nov 1	Goods returned to Muscat Chemical Industries	1,500
Nov 1	Goods returned by Al Naba Services	1,000
Nov 2	Paid carriage on purchases	150
Nov 2	Withdrew from bank for office use	2,500
Nov 2	Brought additional capital into business	50,000
Nov 2	Received cash from Oman Packaging Factory for cash sale	6,000
Nov 2	Purchased Equipment worth	11,500
Nov 2	Paid Insurance on Office Building	1,350
Nov 30	Paid for fuel and Power	950
Nov 30	Goods taken by proprietor for personal use	1,000
Nov 30	Sold goods to L&T Industries	14,800
Dec 1	Advertisement expenses	2,500
Dec 1	Deposited into Bank	15,000
Dec 31	Received interest	150
Dec 31	Paid Electricity charges	1,100
	Paid Salaries and Wages through bank transfer	2,500

Answer 1

Jan1
	Building	30000
	Furniture	15000
	Cash	35000
	Bank	17500
	Al Khalid product company	9000
	Bank over draft		12500
	Capital		94000
Jan 2	Cash	40000
	Capital		40000
31	Bank	10000
	Cash		10000
Feb 1	Purchase	4000
	Bank		4000
Feb 2	Purchase	11400
	Barka industrial company		11400
Mar 1	Cash	10000
	Sales		10000
Mar2	Barka Industrial company	1000
	Purchase return		1000
Mar 31	Equipment	15000
	Al qurum engineering		15000
Apr1	Cash	3000
	Bank		3000
Apr2	Ruwi industries	15000
	Sales		15000
May1	Salaries and wages	3000
	Cash		3000
May2	Sales return	1500
	Ruwi industries		1500
May31	Carriage inward	1500
	Cash		1500
June1	cash	2000
	Commission received		2000
June 2	Cash	8000
	Ruwi industries		8000
July1	Barka industrial company	5000
	Cash		5000
July2	Cash	8700
	Discount allowed	300
	Al Khalid product company		9000
July 31	Barka industrial company	5400
	Cash		5200
	Discount Received (11400-1000-5000-5200)		200
Aug 1	Free samples	5000
	Purchase		5000
Aug2	Bank	5000
	Discount allowed	500
	Ruwi industries		5500
Aug 31	Drawings	2000
	Purchase		2000
Sep1	Telephone charges	200
	Bank		200
Sep2	Rent	1000
	Cash		1000

Oct1	Power and fuel	500
	Cash.		500
Oct31	Purchase	33000
	Bank		9500
	Muscat chemical industries		15500
	Raya industries company		8000
	Cash	25000
	Al mana services	25000
	Sales		50000
Nov1	Drawing s	1500
	Cash		1500
	Cash	3000
	Loss on sale of asset	250
	Machinery		3250
	Muscat chemical industries	1500
	Al mana services	1000
	Purchase return		2500
Nov2	Carriage inward	150
	Cash		150
	Cash	2500
	Bank		2500
	Cash	50000
	Capital		50000
	Cash	6000
	Sale		6000
	Equipment	11500
	Cash		11500
	Insurance	1350
	Cash		1350
Nov30	Power and fuel	950
	Cash		950
	Drawings	1000
	Purchase		1000
	L&T Industries	14800
	Sale		14800
Dec 1	Advertisement	2500
	Bank	15000
	Cash		17500
Dec31	Bank	150
	Interest		150
Dec31	Electricity charges	1100
	Salaries and wages	2500
	Cash		3600